In this volume, some of the world's foremost authorities analyze the many challenges and opportunities confronting the WTO, addressing issues such as national policies, labor standards, and the environment. Presuming no technical background in economics, this is a comprehensive introduction to the WTO's place in the global economy and will appeal to anyone interested in world trade. "[T]his book is a tour de force, with consistently fine papers by leading experts, and it is worthy of any bookshelf." --Joel P. Trachtman, "American Journal of International Law "This latest conference volume from the National Bureau of Economic Research is likely to be the definitive reference work on the WTO for years to come. . . . Specialists and non-specialists alike will gain a great deal from a careful reading of this impressive volume." --John Ravenhill, "Australian Journal of Political Science "For anyone who is interested in the further development of the rule system for the world economy, this book is a must." --Horst Siebert, "Review of World Economics